Question

if you have this data from the american economy C=150=0.80y I= 200 Find the following :...

if you have this data from the american economy

C=150=0.80y

I= 200

Find the following :

1- The income equilibrium

2- Marginal propensity to consume (MPC), Marginal propensity to save my be expressrd (MPS) , Multiplier

3- find the equilibrium if the income = Planned aggregate expenditure (AE)

4- if the investment increase to be 250 find the effects in income equilibrium

5- Draw this function

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